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Flat 185 м² in Dubai, UAE (United Arab Emirates)

ID 4OV2o
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Area
185 m²
Bedrooms
3
Bathrooms
3

Description

Opposite Burj Al-Arab| Ownership unit | Pay within 5 years'.

Opposite Burj Al Arab Hotel| Owned Apartment | Pay in 3 years LIVE Opposite BURJ AL ARAB, ONE OF THE BEST PLACES IN DUBAI, 10 MINUTES FROM EMIRATES TRADE CENTER with 3 bedrooms and a servant's room, PAY 50% IN 3 YEARS WITHOUT COMMISSION Madinat Jumeirah Living is an exclusive owner-occupied residential development located in a privileged location in Jumeirah, opposite the iconic Burj Al Arab Jumeirah Hotel. Nestled on picturesque grounds with direct and unrestricted sea views, this 60-building complex will be an unparalleled resort destination and an extension of Madinat Jumeirah. The pedestrian-friendly, eco-friendly complex is designed with safety in mind, limiting vehicle access to only the drop-off areas and underground garage parking. At the same time, a tranquil environment is created with the absence of traffic noise. Secluded open spaces provide opportunities for active and quiet recreation, while connected human-scale walkways lead residents on an exciting journey with surprises at every turn. A central pedestrian walkway winds through Madinat Jumeirah Living, providing access to private entrances to the community. Public rooftop gardens, seating areas and barbecue areas offer magnificent views of the Burj Al Arab Jumeirah Hotel, Madinat Jumeirah and the sea. These connected spaces lead visitors on a journey of discovery where every moment is special. Completion of construction is December 2024. Call - +971 55 954 8037.

Characteristics

Property type
Residential Properties
Object type
Flat
Price
1 039 278 $

FAQ

How can I get a residence permit by buying property in UAE (United Arab Emirates)?

In UAE (United Arab Emirates) a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Dubai; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in UAE (United Arab Emirates)?

Banks in UAE (United Arab Emirates) finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

What taxes and fees apply when buying in UAE (United Arab Emirates)?

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

How is the title checked in UAE (United Arab Emirates)?

A title search at the land registry of UAE (United Arab Emirates) takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Can I rent out property after purchase in UAE (United Arab Emirates)?

Yes. Rental income tax is 5–25% depending on the regime. In Dubai short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (1 039 278 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in UAE (United Arab Emirates)?

A typical transaction runs 30–90 days, averaging 45 in Dubai: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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